American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Gilead price keeps falling - Forecast today - 16-04-2024

Economies.com
2024-04-16 11:13AM UTC

Gilead Sciences’ stock price (GILD) kept falling in the intraday levels, amid negative pressure from the 50-day SMA, with the dominance of the downward trend in the short term, countered with positive signals from the RSI after reaching oversold levels, limiting gains. 

 

Therefore we expect more losses for the stock, targeting the support of $66.90.

 

Expected trading range: between the support of $66.90 and an unspecified resistance.

 

Trend forecast: Bearish 

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